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ABB Wins ASEAN Energy Award For Electric Mobility Project In Malaysia

ABB Wins ASEAN Energy Award For Electric Mobility Project In Malaysia

ABB has won an ASEAN Energy Award for the installation of the first-of-its-kind public EV charging station, supporting the Malaysian government’s efforts to accelerate a wider adoption of electric mobility.

ABB`s Terra 53 fast charging station, located in Subang Jaya, Malaysia, reduces the typical charging time from two hours, when using conventional public AC chargers, to around 15 minutes for electric vehicles with storage capacities of approximately 24kWh. The station also utilises electricity generated by a rooftop solar installation at the ABB facility, providing a 100 percent carbon neutral mobility solution. Thus, reflecting the company’s commitment to strengthening the country’s EV ecosystem and to reducing carbon emissions.

ASEAN Secretary General Lim Jock Hoi, presented the award to ABB at the 36th ASEAN Ministers on Energy Meeting, (AMEM) Official Dinner held in Singapore, on October 29, 2018.

Malaysia targets to deploy 100,000 electric cars, 2,000 electric buses and 125,000 charging stations by 2030. The expansion is in line with efforts to reduce dependence on fossil fuel in the transportation sector and to drive down carbon emissions by 45 percent by 2030 in compliance with the Paris climate accord.

“The opportunity for sustainable mobility is immense,” said Frank Muehlon, Managing Director for electric vehicle charging infrastructure at ABB. “Every day, new smarter mobility alternatives are challenging conventional vehicles and the use of fossil fuels. The award recognizes our efforts to take our technology leadership to the next level to find new solutions to catalyse this shift in Malaysia and across the fast developing ASEAN region, whether in cars and buses, trains or ships.”

ABB installed the Terra 53 fast charger last year at its premises in Subang Jaya outside of Kuala Lumpur. It is available daily to EV drivers at zero cost as a ‘drive-thru’ convenience, instead of the traditional approach of using parking bays.

Over 8,000 fast chargers, including high power chargers up to 350 kW, have been installed by ABB across 68 countries, more chargers than any other manufacturer. In addition to Malaysia, the chargers can be found in the region in Singapore, Thailand, Indonesia and the Philippines.

Fortune Magazine recently ranked ABB  as number eight on its list of companies that are “changing the world”. This is in recognition of the advances that the company has made in e-mobility and EV charging.

ABB received the award as a special submission under the renewable energy category and was amongst over 60 other recipients. The winners were selected based on their projects, which involved innovation or best practices in the field of renewable energy research, development, demonstration, and commercialisation. Special focus was given to projects that were relevant to ASEAN Member States in terms of regional interests and cooperation on sustainable energy.

The ASEAN Centre for Energy is an intergovernmental organization established by Brunei, Cambodia, Indonesia, Laos, Malaysia, Myanmar, Philippines, Singapore, Thailand and Vietnam.

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Bright Start For Industrial Transformation Asia-Pacific

Bright Start For Industrial Transformation Asia-Pacific

SINGAPORE: Industrial Transformation ASIA-PACIFIC  a HANNOVER MESSE event, which takes place from 16 to 18 October 2018 at Singapore EXPO, opens today with strong participation from global technology and solution providers. More than 260 companies from 22 countries are showcasing their products, services and solutions to visitors from around the Asia-Pacific region. The exhibition features four main display areas – Additive Manufacturing, Digital Factory, Industrial Automation, and Smart Logistics – as well as national pavilions from Germany, India, Japan, Malaysia, and Singapore. 14 industry-leading enterprises are supporting the premiere, including Accenture, SAP, Schneider Electric and Siemens as founding partners.

Tharman Shanmugaratnam, Singapore’s Deputy Prime Minister and Coordinating Minister for Economic and Social Policies, was the Guest-of-Honour at the Opening Ceremony. Over the course of the three-day event, the conference at Industrial Transformation ASIA-PACIFIC will cover a suite of business and leadership topics, as well as technology domains, case studies, and panel discussions. Under the overarching theme “Getting Real with the Business of Industry 4.0”, more than 100 industry experts from 15 countries will share insights on domains such as industrial transformation, the Industrial Internet, additive manufacturing, and standards. Conference speakers include Dr. Gunther Kegel (Chief Executive Officer, Pepperl + Fuchs); Samuel Garcia (Vice President for Global Consumer Product Supply, Procter & Gamble Asia Pacific), Dr. Armin Bruck (Regional Chief Executive Officer, Siemens Germany), Dr. Hamid Mughal (Global Manufacturing Director, Rolls-Royce), and Mark Hennebicque (Strategist, Additive Manufacturing & Simulation).

The opening plenary on 16 October featured a dialogue with Ministers and experts from Asia to discuss regional macro-economic perspectives and frameworks for Industry 4.0 initiatives. The ministerial-level panel included His Excellency Airlangga Hartarto (Minister of Industry, Indonesia), Chan Chun Sing (Minister for Trade and Industry, Singapore), Dr. Gunther Kegel (Chief Executive Officer, Pepperl + Fuchs) and Vincent Chong (President and Chief Executive Officer, ST Engineering).

Aloysius Arlando, Chief Executive Officer of SingEx Holdings, said, “The inaugural edition of Industrial Transformation Asia-Pacific is the culmination of a year-long effort between SingEx and our international partner Deutsche Messe. It is born out of our shared vision to provide a curated platform for our region’s Industry 4.0 market needs, through offering engaging and personalised programmes to address national, industry and enterprise agendas. The event is poised to generate significant economic benefits for Asia Pacific as it plays a role in catalysing deepened cross-industry collaboration, investments and trade exchanges among players in the manufacturing, manufacturing-related and digital communities of our region; and enhancing competitiveness.”

Dr. Jochen Köckler, Chief Executive Officer of Deutsche Messe AG, said, “Industrial Transformation Asia-Pacific comes at a time where technologies such as big data, cobots, additive manufacturing, artificial intelligence, and augmented reality are redefining manufacturing processes and global supply chains. ASEAN is a promising growth market for our customers. With a population of roughly 650 million, it has the third largest work force in the world and boasts a strong manufacturing base. Singapore is the perfect location for Industrial Transformation Asia-Pacific thanks to its excellent infrastructure, advanced manufacturing capabilities and a strong focus on engineering, R&D and innovation.”

The Learning Journey: Industrial transformation – step by step

Economies in the Asia-Pacific region are at different stages of industrial transformation, some not yet fully appreciating the advantages of Industry 4.0. For this reason, Industrial Transformation ASIA-PACIFIC features a “Learning Journey” that guides participants through the process systematically. Highlights include the “Gateway to Industry 4.0 – powered by TÜV SÜD”, which visually introduces visitors to industrial transformation, gets them thinking about their own organisations’ state of readiness, and offers ideas for how to get started. The Sandbox hosts more than 50 complimentary, industry-specific talks in a casual format that sparks creative ideas and facilitates peer-to-peer conversations. Two Learning Labs, one for Smart Logistics and one for Cobots, show technology in action and inspire collaborative thinking. The Interchange Studio plugs attendees into an online community, encouraging dialogue on topics of shared interest after the event. A series of technical visits hosted by selected exhibitors demonstrate various advanced manufacturing facilities and innovation centres to deepen understanding and learning. More than 20 student delegations from institutes of higher learning as well as more than 15 industry trade delegations and workers’ unions are participating in Industrial Transformation ASIA-PACIFIC.

Industrial Transformation ASIA-PACIFIC is organised by SingEx Exhibitions, with Deutsche Messe as international partner assisting with brand development, as well as global sales and marketing. SingEx and Deutsche Messe expect more than 10,000 attendees at the event’s debut.

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Electronics Manufacturing Largely Attributes To Vietnam’s Growth In 2018 And 2019

Electronics Manufacturing Largely Attributes To Vietnam’s Growth In 2018 And 2019

VIETNAM: According to economists from Standard Chartered, Vietnam’s GDP is expected to continue growing and is projected to reach seven percent in 2018, making it the fastest growing ASEAN economy for the year. Despite a small projected depreciation in the VND in early 2019, the growth in the country’s economy is expected to continue, particularly within the electronics manufacturing sector, and the VND is expected to end 2019 with a stronger finish than the USD.

This growth in GDP can be largely attributed to an increase in electronics manufacturing as well as contributing factors such as a growth in the agricultural industry and rising consumer demands. Based on Standard Chartered’s most recent marco economic research report, the country’s manufacturing industry is scheduled for another year of double-digit growth with a strong positive outlook for electronics exports as well as the potential for a trade surplus. This is further enhanced by strong FDI inflows which are projected to be valued at US$17billion per year from 2018 to 2020.

Vietnam’s services sector, which comprises about 40 percent of the economy, is also expected to grow in the second half of 2018 after its increase by seven percent in the first half of the year. While the growth in the business process outsourcing (BPO) sector, due to the presence of a educated, young and low cost labour force, will also serve to support the services sector.

Meanwhile, The World Bank has retained its GDP forecast for Vietnam to be 6.8 percent in 2018 while the Asian Development Bank has reduced the figure to 6.9 percent from its prior projection of 7.1 percent.

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Hitachi Launches Southeast Asian Lumada Center In Thailand

Hitachi Launches Southeast Asian Lumada Center In Thailand

THAILAND: In lieu of the current demands of “Thailand 4.0”, Hitachi has established a Southeast Asian Lumada Centre in the Amata City Chonburi Industrial Estate in Chonburi, Thailand.

The centre’s new IoT platform, also known as ‘Lumada’, would not only offer solutions for customers in Thailand but also support growth in the Eastern Economic Corridor (EEC) by integrating successful solutions from Asian countries such as Japan and China as well as the United States of America. Similarly, in order to offer customised business solutions, Lumada would also be connecting and analysing customers’ data and engaging in co-creative opportunities with partners in the areas of digital technologies such as big data analytics, artificial intelligence (AI) and information and communication technology (ICT).

Further reinforcing Hitachi’s commitment towards supporting Thailand’s push for a digital economy, Toshiaki Higashihara, president & CEO of Hitachi, Ltd., has said: “Hitachi regards Thailand as an important market – the country represents the largest share of our business operations across the ASEAN market. We are proud to launch Lumada Center Southeast Asia, as part of our efforts to support Thailand’s vision to create a sustainable, value-based economy that is driven by innovation, technology and creativity”.

Looking into the future, Hitachi aims to utilise Lumada’s Operational Technology and Information Technology to achieve optimal results in manufacturing processes and seeks to implement business analysis and service ideation, to create viable business solutions in countries across ASEAN.

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Smart Solutions Can Help ASEAN Cities Improve Quality-Of-Life Indicators By 10-30 Percent

Smart Solutions Can Help ASEAN Cities Improve Quality-Of-Life Indicators By 10-30 Percent

Singapore: Smart cities in Southeast Asia, a new report from the McKinsey Global Institute (MGI), in collaboration with the Centre for Liveable Cities in Singapore, finds that cities across the region can incorporate data and digital technologies into infrastructure and services—focusing on solving specific public problems to make urban environment more livable, sustainable, and productive.

The research, studying dozens of current applications, finds that ASEAN cities could use digital solutions to improve some quality-of-life indicators by 10-30 percent.

Dozens of smart solutions are available today, focusing on every domain of city life: mobility, social infrastructure, built environment, utilities, security, community, and the economy.

“Cities need to act now to address growing environmental stresses and particularly to combat climate change and improve their resilience,” said Jonathan Woetzel, Senior Partner and Leader of McKinsey’s Special Cities Initiative.

The report notes that private sector companies that work towards public good and expand choices for urban residents can find substantial market opportunities across Southeast Asia. MGI estimates that smart mobility applications could worth up to $70 billion, while opportunities to smarten the built environment could be worth more than $25 billion.

While it is important for city governments to outline a future vision, rapid pace of technological change means that they have to retain some flexibility to experiment and recalibrate. Taking a data-driven approach that continually measures progress against quality-of-life goals can guide that process. Cities also need to consider how to pair smart technologies with complementary policies and investment in hard infrastructure.

On The Crest: Philippines Rides Global Manufacturing Growth Wave

On The Crest: Philippines Rides Global Manufacturing Growth Wave

With Asia well-poised for future economic success, the Philippines is slated to be one of the region’s growth leaders, so long as a few hurdles are overcome along the way. By Michael E Neumann

As long as Philippines strives to invest public monies to build key infrastructure and solve its electric generation and transmission issues, the country is well-positioned to be one of the fastest-growing economies in the region. This is according to “Competitiveness: Catching the next wave: The Philippines”, a report released by Deloitte Global.

Manufacturing A Strong Growth Driver

The report also projected the key industries that will likely drive Philippines’ growth over the next two decades. They include manufacturing, business process outsourcing (BPO), construction, as well as transportation and logistics.

Steps that the government can take to make the region more attractive to business were also highlighted, including increasing corporate governance and reducing corruption.

“The strong growth in global manufacturing to 2033 will drive world growth, and this presents the Philippines with great potential to integrate into the global supply chain of high-value manufacturing,” said Gary Coleman, managing director, global clients and industries, Deloitte Global. “If the government makes smart investments in infrastructure—including roads and harbours—that would help to boost the construction and transportation sectors and lead to higher productivity growth in the coming years as well.”

Growth Highlights

The report noted that the BPO industry will be a source of employment for new graduates. However it also cautioned that in order to achieve long-term growth, the Philippines must reduce unemployment and the government must implement policies to improve the business climate. Reform measures aimed at reducing corruption in the procurement process, civil servant training and wages, and instituting reporting and enforcement mechanisms were also recommended.

Additional industry driving growth highlights include:

  • Manufacturing: To help boost manufacturing initiatives, the government should introduce a number of special industrial zones that benefit from a combination of supportive government policies. The Philippines should also begin to specialise in higher-value manufacturing.
  • Construction: Construction of roads, harbours, and other public infrastructure can boost the nation’s employment, productivity, and economic output. Reconstruction efforts following the devastation of Typhoon Haiyan and upgrades to existing infrastructure should contribute to a growth rate of 5.2 percent per year from 2014 to 2033.
  • Transportation and logistics: The poor quality of the transportation infrastructure has held back the economic development of the Philippines for many years. With policies designed to address ongoing transportation infrastructure issues, a baseline forecast of 4.9 percent growth in sector between now and 2033 can be expected.

“Relaxing limits on foreign ownership could boost foreign direct investment, increase efficiency and prompt higher levels of competition,” said Chaly Mah, chief executive officer, Deloitte Asia Pacific. “Additionally the government should look to public-private partnerships to help speed investment spending on infrastructure, reduce bottlenecks, and implement policies that promote inclusive economic growth.”

 

Leading Growth In ASEAN

The report also projected that the Philippines will grow faster than Southeast Asia as a whole over the next two decades, with overall GDP expanding by 4.8 percent per year up to the forecasted period of 2033.

“Compared to other regions that have experienced slower economics, the Philippines story is quite remarkable, said Mr Mah. “There are great opportunities—if the Philippine government can seize them—to fuel growth and become one of the most competitive nations in the region.”

Philippine 2017 GDP Up 6.7%

A recovered agriculture sector, strong government consumption, as well as better exports and imports made it possible for the Philippine economy to grow above six percent for the 6th straight year in 2017, according to Philippines national statistician Lisa Grace Bersales.

Ms Bersales recently announced that the gross domestic product (GDP) grew 6.7 percent in 2017, slightly below the 6.9 percent growth recorded in 2016. This still saw the Philippines being ranked among the fastest-growing economies in Asia, after China’s 6.9 percent and Vietnam’s 6.8 percent.

Socioeconomic Planning Secretary Ernesto Pernia added that GDP growth in the last quarter of 2017 was backed by growth of 14.3 percent in government consumption, a substantial increase from 4.5 percent in the same period in the previous year.

Industry Shows Biggest Growth

Industry was the fastest grower among the major sectors, expanding by 7.3 percent. Services followed at 6.8 percent. However, this was a decrease from 7.9 percent and 7.2 percent recorded respectively in the same period in 2016.

The Philippines’ BPO industry also expects annual growth to slow down to nine percent until 2022, due to factors such as a larger scale, sluggish global industry growth, and security headwinds in the country.

Construction On Decline

The construction industry also saw a reduced rate of slowdown, at 2.8 percent compared from 10.7 percent recorded in the same period a year ago.

“We also recorded stronger public construction spending at 25.1 percent that offset the 2.9 percent contraction in private construction,” Mr Pernia said. He linked the decline in private construction spending, which accounts for 74.9 percent of total construction investments, to the onset of the holiday season.

The country’s economy had started 2017 sluggishly due to the slow implementation of big-ticket infrastructure projects, which gradually began to pick up in the 2nd quarter.

High Rates Of Forecasted Growth

The effect of more government spending as well as a recovering agriculture sector also contributed to better-than-expected third quarter growth, which was recently revised upwards to seven percent.

World Bank and the Asian Development Bank both expect the Philippines to remain as one of the fastest-growing economies in the region in 2018, with forecasts of 6.7 percent and 6.8 percent growth, respectively.

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